Across the country as a whole, Cross Creek is in the lowest priced 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
The $165,900 price tag on the median Cross Creek home means that it is below the national norm.
According to our stats, Cross Creek is the neighbourhood that has the 224th most properties available to real estate investors in New Brunswick.
As one of New Brunswick’s many potential real estate investment neighbourhoods, Cross Creek needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Cross Creek have increased which would tend to indicate that demand is not as high as supply.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
Is Cross Creek a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.